Which of the following is not a correct statement about M2? A. M2 is a broader definition of money compared to M1 and currency. B. M2 includes savings accounts, small-denomination time deposits, and money market mutual funds. C. M2 includes all of the assets in M1. D. M2 is the best definition of money as a medium of exchange.
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Home » Business » Which of the following is not a correct statement about M2? A. M2 is a broader definition of money compared to M1 and currency. B. M2 includes savings accounts, small-denomination time deposits, and money market mutual funds. C.